It is known that savings certificates are one of the most important services that banks in Egypt provide to customers, but have you ever known what is the highest savings certificate available in Egypt at the present time, and how much does the customer earn from it and over what period of time… If you want to know all this, see this report until the end. .
Savings certificates are one of the important services that banks provide to customers, and they are in great demand among citizens, especially if the certificate offered has a higher interest than all the certificates announced by the rest of the banks in Egypt. This is what was done by the National Bank, which announced the offering of the certificate with the decreasing interest. 30% is considered the highest bank certificate in Egypt at the present time.
Ok, how can customers buy this certificate and how much does it start from?
This 30% certificate is a certificate announced by the National Bank and Banque Misr. It is valid for a period of 3 years, and is distinguished by the fact that the interest on it decreases annually. In the first year, the interest reaches 30%, in the second year, the interest reaches 25%, and in the third year, the interest reaches 20%.
The National Bank and Banque Misr said that the new certificate categories start from 1,000 pounds and their multiples and are issued to natural individuals or minors, Egyptians or foreigners, and the period is calculated from the second working day to purchase the certificate.
The National Bank and Banque Misr have made it possible for customers to purchase the two certificates via the Internet, BM Online, and Bank of Egypt ATMs.
Ok, how much benefit does this certificate get?
If the client buys the 30% certificate for 500 thousand pounds, he will receive an interest of 150 thousand pounds in the first year, in the second year he will receive an interest of 125 thousand pounds, and in the third year he will receive 100 thousand pounds, thus the total interest over 3 years will reach 375 thousand. fairy.
If a customer buys a certificate worth 100 thousand pounds, in this case the interest on the certificate in the first year will reach 30 thousand pounds, in the second year the interest will reach 25 thousand pounds, and in the third year the interest will reach 20 thousand pounds, and thus the total interest that the customer will take will reach 75. One thousand pounds over the course of 3 years, which is the duration of the bank certificate.
